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Showing signs of significant improvement, the country’s exports in July reached almost the level of the corresponding month last year, Commerce and Industry Minister Piyush Goyal said on Tuesday. He … Read More
Bank of India on Monday reported a more than threefold jump in first-quarter net profit to ₹844 crore, from ₹243 crore a year earlier. “Having a feet-on-the-street model, we could … Read More
Power producers’ total outstanding dues owed by distribution firms rose over 47% year-on-year to ₹ 1.33 lakh crore in June 2020, reflecting stress in the sector. Distribution companies (discoms) owed … Read More
The Centre has expanded its credit guarantee scheme for micro, small and medium enterprises (MSMEs) to cover loans given to larger firms, as well as to self-employed people and professionals … Read More
The output of eight core sector industries shrank for the fourth straight month in June 2020, although the contraction eased to 15%, showing some recovery from the 22% fall in … Read More
Cholamandalam Investment and Finance Ltd.’s standalone net profit for the first quarter ended June 2020 rose 37% to ₹431 crore. Revenue from operations grew to ₹2,071 crore from ₹1,913 crore, … Read More
IDFC First Bank Ltd. on Tuesday reported first quarter net profit of ₹94 crore as compared to net loss of ₹617 crore for Q1 FY20. The first quarter Ne Source … Read More
RBI Governor Shaktikanta Das called for a targeted infrastructure push to help give impetus to the economy. Addressing the CII National Council on Monday, Mr. Das said that notwithstanding the … Read More
Q. I am 30 years old and a permanent employee of a PSU. I have been investing ₹15,000 a month for two years now for a long-term goal. I invest … Read More
Overall, when the first quarter was a washout for most companies, Jindal Aluminium Ltd. (JAL), a leading aluminium extrusion company, witnessed rising demand from ventilator manufacturers as the spread of … Read More
